Competition law in post-pandemic Africa a key driver for market participation, consumer protection and fair practices
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With the growth of economies across Africa, competition law has remained one of the key drivers for effective market participation, consumer protection and fair business practices. However, the global pandemic introduced new challenges for competition authorities in Africa and abroad, with each enforcer pursuing the most beneficial enforcement method for its national or regional jurisdiction.
IMF Executive Board Approves a US$20.47 Million Emergency Assistance for Guinea-Bissau to Address the COVID-19 Pandemic imf.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from imf.org Daily Mail and Mail on Sunday newspapers.
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IMF Executive Board Approves a US$20.47 Million Emergency Assistance for Guinea-Bissau to Address COVID-19 Pandemic
The IMF approved the disbursement of US$20.47 million under the Rapid Credit Facility (RCF) to help Guinea-Bissau meet urgent balance of payments and fiscal needs stemming from the COVID-19 pandemic.
The IMF assistance will help support critical spending in health, social protection and investment to underpin the recovery as well as catalyze additional donor resources.
The authorities have responded quickly to a very severe shock, scaling up health-related spending, deploying containment and mitigation measures, along with a commitment to enhanced transparency.
Washington, DC: The Executive Board of the International Monetary Fund (IMF) approved a disbursement under theRapid Credit Facility (RCF)equivalent to SDR 14.2 million (about US$20.47 million, or 50 percent of quota) to help Guinea-Bissau meet urgent balance of payments and fiscal needs ste